Civic Intelligence

Grace Tower Inc.

990 • Fiscal year 2013 • EIN 95-2461674

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 25, 2014

Organization ProfileN/A
PO Box 707091109

(323) 258-3512

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.35x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

60th percentile

5.9%

Higher net margin than 60% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

34th percentile

0.0%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

41st percentile

1.2%

Faster revenue growth than 41% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$12,474,596

Up $1,247 (+0.0%) from 2012

Net Assets

Up

$12,109,254

Up $61,149 (+0.5%) from 2012

Liabilities

Down

$365,342

Down $59,902 (-14%) from 2012

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin60th percentile

Revenue

Up

$1,030,903

Up $12,723 (+1.2%) from 2012

Expenses

Down

$969,754

Down $50,142 (-4.9%) from 2012

Net Income

Up

$61,149

Up $62,865 (+3663%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $12,570,277Liabilities 2011: $520,456Net Assets 2011: $12,049,8212011Assets 2012: $12,473,349Liabilities 2012: $425,244Net Assets 2012: $12,048,1052012Assets 2013: $12,474,596Liabilities 2013: $365,342Net Assets 2013: $12,109,2542013Assets 2014: $12,423,061Liabilities 2014: $290,361Net Assets 2014: $12,132,7002014Assets 2015: $14,855,455Liabilities 2015: $2,193,974Net Assets 2015: $12,661,4812015Assets 2016: $27,028,088Liabilities 2016: $13,410,733Net Assets 2016: $13,617,3552016Assets 2017: $25,932,969Liabilities 2017: $11,789,582Net Assets 2017: $14,143,3872017Assets 2018: $29,169,542Liabilities 2018: $14,589,335Net Assets 2018: $14,580,2072018Assets 2019: $29,425,011Liabilities 2019: $14,420,324Net Assets 2019: $15,004,6872019Assets 2020: $30,366,955Liabilities 2020: $14,269,079Net Assets 2020: $16,097,8762020Assets 2021: $32,129,114Liabilities 2021: $14,045,332Net Assets 2021: $18,083,7822021Assets 2022: $33,970,858Liabilities 2022: $13,822,024Net Assets 2022: $20,148,8342022Assets 2023: $36,630,423Liabilities 2023: $13,605,023Net Assets 2023: $23,025,4002023Assets 2024: $39,627,989Liabilities 2024: $13,434,379Net Assets 2024: $26,193,6102024

Highlighted filing

2013

Assets$12,474,596
Liabilities$365,342
Net Assets$12,109,254
Open 2013 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,020,682Expenses 2011: $899,333Net Income 2011: $121,3492011Revenue 2012: $1,018,180Expenses 2012: $1,019,896Net Income 2012: -$1,7162012Revenue 2013: $1,030,903Expenses 2013: $969,754Net Income 2013: $61,1492013Revenue 2014: $1,063,615Expenses 2014: $1,040,169Net Income 2014: $23,4462014Revenue 2015: $1,533,032Expenses 2015: $1,004,251Net Income 2015: $528,7812015Revenue 2016: $2,153,444Expenses 2016: $1,197,570Net Income 2016: $955,8742016Revenue 2017: $2,339,428Expenses 2017: $1,813,396Net Income 2017: $526,0322017Revenue 2018: $2,389,807Expenses 2018: $1,952,987Net Income 2018: $436,8202018Revenue 2019: $2,603,106Expenses 2019: $2,178,626Net Income 2019: $424,4802019Revenue 2020: $3,203,808Expenses 2020: $2,110,619Net Income 2020: $1,093,1892020Revenue 2021: $4,060,490Expenses 2021: $2,074,584Net Income 2021: $1,985,9062021Revenue 2022: $4,208,003Expenses 2022: $2,142,951Net Income 2022: $2,065,0522022Revenue 2023: $5,139,045Expenses 2023: $2,241,952Net Income 2023: $2,897,0932023Revenue 2024: $5,544,291Expenses 2024: $2,324,826Net Income 2024: $3,219,4652024

Highlighted filing

2013

Revenue$1,030,903
Expenses$969,754
Net Income$61,149
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 25, 2014
Return Version
2013v3.1
Gross Receipts
$1,030,903
Mission and Program Overview

Mission

To operate an apartment complex of 168 units to provide low-income housing for elderly tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,492,779$7,295,730▼ $197,049
Other Notes and Loans Receivable, Net$2,019,870$2,019,870→ $0
Land, Buildings, and Equipment, Net$1,603,956$1,520,847▼ $83,109
Cash and Non-Interest-Bearing Accounts$462,720$574,570▲ $111,850
Accounts Receivable$279,351$320,889▲ $41,538
Prepaid Expenses and Deferred Charges$28,285$28,725▲ $440
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$12,473,349$12,474,596▲ $1,247
Other Assets Total$586,388$713,965▲ $127,577
Liabilities
Mortgage Notes Payable Secured by Investment Property$311,295$233,501▼ $77,794
Other Liabilities$66,007$70,152▲ $4,145
Accounts Payable and Accrued Expenses$47,942$61,402▲ $13,460
Deferred Revenue-$287-
Total Liabilities$425,244$365,342▼ $59,902
Net Assets / Fund Balance
Temporarily Rstr Net Assets$7,184,174$7,188,690▲ $4,516
Unrestricted Net Assets$4,863,931$4,920,564▲ $56,633
Total Net Assets Fund Balance$12,048,105$12,109,254▲ $61,149
Total Liabilities and Net Assets / Fund Balance$12,473,349$12,474,596▲ $1,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,304,378$2,038,045$3,342,423
Land$197,793-$197,793
Other Land Buildings$18,676$46,455$65,131
Other Assets Org$569,896--
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Emil J WohlPresident
Al DeberardinisDirector
Charles D SaffordDirector
James a ChatfieldDirector
Jay GoodwinDirector
Robert L RenttoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$64,804
Program Service Revenue
$917,974
Investment Income
$48,125
Other Revenue
$0
Change in Net Assets
$61,149

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,030,903
Total Revenue per Audited Statements
$1,030,903
Total Revenue per Form 990
$1,030,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$703,262
Salaries, Compensation, and Employee Benefits$266,492
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$132,238$72,827-$205,065
Fees for Services Management-$98,912-$98,912
Depreciation Depletion$83,109--$83,109
All Other Expenses$21,719$31,371-$53,090
Other Employee Benefits$29,015$15,624-$44,639
Insurance$39,353--$39,353
Other Expenses$27,059--$27,059
Fees for Services Accounting-$18,670-$18,670
Payroll Taxes$10,912$5,876-$16,788
Office Expenses-$13,280-$13,280
Interest$8,080--$8,080
Conferences and Meetings-$1,714-$1,714
Fees for Services Legal-$520-$520
Total Functional Expenses$710,960$258,794$0$969,754

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$969,754
Total Expenses per Audited Statements$969,754
Total Expenses per Form 990$969,754
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit Liability$69,568
Accrued Interest Payable$584
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Emil j. Wohl (president) is the son-in-law of robert l. Rentto (secretary).”

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“The organization delegated accounting and payroll duties to a management company”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A pdf is sent to the board of directors by email for review prior to the president signature and filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents, policies, and financial statements are made available upon request to the management office as listed on page 1”

Filing and Contact Details

Filer

EIN
95-2461674
Phone
3232583512

Signing Officer

Name
Emil J Wohl
Title
President
Signed
2014-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Emil J Wohl
Formed
1967
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
7

Preparer

Preparer
Steven W Northcote
Phone
6192947200
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended December 31, 2013, 2012, 2011 and 2010 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.”

Raw XML AppendixShowing 400 of 521 raw XML fields

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IRS990/OtherExpensesGrp/TotalAmt327059
IRS990/OtherLiabilitiesGrp/BOYAmt066007
IRS990/OtherLiabilitiesGrp/EOYAmt070152
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072827
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0132238
IRS990/OtherSalariesAndWagesGrp/TotalAmt0205065
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02019870
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02019870
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05876
IRS990/PayrollTaxesGrp/ProgramServicesAmt010912
IRS990/PayrollTaxesGrp/TotalAmt016788
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028285
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt028725
IRS990/PrincipalOfficerNm0EMIL J WOHL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0LAUNDRY & VENDING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1913277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1913277
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt062246
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt047748
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0791263
IRS990/PYProgramServiceRevenueAmt0908186
IRS990/PYRevenuesLessExpensesAmt0-1716
IRS990/PYSalariesCompEmpBnftPaidAmt0228633
IRS990/PYTotalExpensesAmt01019896
IRS990/PYTotalRevenueAmt01018180
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt061149
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0917974
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07492779
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07295730
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064804
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt062246
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt065030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt062559
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt057168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0311807
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048125
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt047748
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt048457
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01670
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt076234
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0222234
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0917974
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0908186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0907195
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0903893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0873457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04510705
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt047748
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt048457
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01670
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt076234
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0222234
IRS990ScheduleA/InvestmentIncomeCYPct00.04410
IRS990ScheduleA/InvestmentIncomePYPct00.07020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95590
IRS990ScheduleA/PublicSupportPY509Pct00.92980
IRS990ScheduleA/PublicSupportTotal509Amt04822512
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0982778
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0970432
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0972225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0966452
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0930625
IRS990ScheduleA/Total509Grp/TotalAmt04822512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01030903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01018180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01020682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0968122
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01006859
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05044746
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01304378
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02038045
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03342423
IRS990ScheduleD/ExpensesSubtotalAmt0969754
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0197793
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0197793
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt058000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt186069
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2569896
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018676
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046455
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0584
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt169568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt01030903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended December 31, 2013, 2012, 2011 and 2010 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01520847
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0713965
IRS990ScheduleD/TotalExpensesPerForm990Amt0969754
IRS990ScheduleD/TotalLiabilityAmt070152
IRS990ScheduleD/TotalRevenuePerForm990Amt01030903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01030903
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0969754
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EMIL J. WOHL (PRESIDENT) IS THE SON-IN-LAW OF ROBERT L. RENTTO (SECRETARY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DELEGATED ACCOUNTING AND PAYROLL DUTIES TO A MANAGEMENT COMPANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A PDF IS SENT TO THE BOARD OF DIRECTORS BY EMAIL FOR REVIEW PRIOR TO THE PRESIDENT SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST TO THE MANAGEMENT OFFICE AS LISTED ON PAGE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,474,596
Liabilities
$365,342
Net assets
$12,109,254
Revenue
$1,030,903
Expenses
$969,754
Net income
$61,149
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.6$13.4$26.2$5.54$2.32$3.22
2023Detailed filing. Detailed filing data is available for this year.$36.6$13.6$23.0$5.14$2.24$2.90
2022Detailed filing. Detailed filing data is available for this year.$34.0$13.8$20.1$4.21$2.14$2.07
2021Detailed filing. Detailed filing data is available for this year.$32.1$14.0$18.1$4.06$2.07$1.99
2020Detailed filing. Detailed filing data is available for this year.$30.4$14.3$16.1$3.20$2.11$1.09
2019Detailed filing. Detailed filing data is available for this year.$29.4$14.4$15.0$2.60$2.18$0.42
2018Detailed filing. Detailed filing data is available for this year.$29.2$14.6$14.6$2.39$1.95$0.44
2017Detailed filing. Detailed filing data is available for this year.$25.9$11.8$14.1$2.34$1.81$0.53
2016Detailed filing. Detailed filing data is available for this year.$27.0$13.4$13.6$2.15$1.20$0.96
2015Detailed filing. Detailed filing data is available for this year.$14.9$2.19$12.7$1.53$1.00$0.53
2014Detailed filing. Detailed filing data is available for this year.$12.4$0.29$12.1$1.06$1.04$0.02
2013Detailed filing. Detailed filing data is available for this year.$12.5$0.37$12.1$1.03$0.97$0.06
2012Summary only. Only limited summary data is available for this year.$12.5$0.43$12.0$1.02$1.02$0.00
2011Summary only. Only limited summary data is available for this year.$12.6$0.52$12.0$1.02$0.90$0.12